Presight, the region’s leading big data analytics company powered by generative artificial intelligence, has announced the election of Dr. Sultan bin Ahmed Al Jaber as Chairman of its Board of Directors. Dr. Al Jaber, who also serves as Minister of Industry and Advanced Technology and Managing Director and Group CEO of ADNOC, brings extensive leadership experience and a deep understanding of global industrial dynamics.
Renowned for his business acumen and commitment to advancing technology, Dr. Al Jaber has been instrumental in supporting the UAE’s strategic national agenda. The Presight Board also elected Mansoor Al Mansoori as Vice Chairman and Chairman of the Executive Committee. The Board’s members include Suhail Bin Tarraf, Kiril Evtimov, Abdulla Rashed Alrashdi, Hamda Almheiri, and Thomas Pramotedham.
Mansoor Al Mansoori remarked, “The election of Dr. Sultan Al Jaber as Chairman significantly strengthens Presight’s board. With each board member bringing unique experiences, we are poised to accelerate Presight’s growth both locally and globally. As AI revolutionises various sectors, Presight will lead in driving responsible AI adoption, creating a positive impact. This aligns with the UAE’s vision to lead in AI, fostering economic growth, productivity, and prosperity.”
Thomas Pramotedham, CEO of Presight, expressed his enthusiasm, saying, “It is a privilege to welcome Dr. Al Jaber – a visionary, globally-recognised business leader, and a well-known advocate of advanced technologies – to the Board of Presight. I also extend my heartfelt gratitude to Mansoor Al Mansoori for his guidance, leadership and steadfast support that saw Presight through its IPO and its phenomenal growth to date. Having Dr. Al Jaber as Chairman and Mansoor Al Mansoori as Vice-Chairman of Presight gives the company a huge impetus for growth and positions us ideally to ride the surge in demand for AI and big data analytics to further success for Presight.”
In May 2024, Presight shareholders approved the acquisition of a 51 percent stake in AIQ, with ADNOC retaining a 49 percent shareholding. As part of the transaction, ADNOC acquired a 4 percent shareholding in Presight. The collaboration among these entities aims to accelerate the development of breakthrough AI solutions for the energy sector.
